Wah Kwong scouts China for equity partnersIndustry veteran David Palmer says his new company is shying away from shipyards for the time being but looking to invest with strategically interesting management clients

Taiwan's U-Ming dives into mainland China shippingJoint venture with state-controlled company will put a Taiwanese owner into domestic shipping across the strait for first time since the revolution

NOCC reports profits in 2017Outfit controlled by Klaveness Marine and JP Morgan returns to the black, just

NAT may be headed for pricey 'backstop,' and more ship salesHansson-led owner describes 'solid financial position' but may soon be looking at higher interest costs and more tanker disposals

China Cosco Shipping uproots on the quiet

Sister yards swap boxship recordsCSSC facilities are taking it in turns to build China's largest containerships

'Boxing clever' key for container industry to avoid future shockFreight insurer the TT Club admits surprises are likely in four scenarios it envisages for the next 25 years, but advises industry to focus on the end customer to survive

Private equity giant Advent spent $588m on V.Group acquisitionNewly disclosed documents provide a first look at financial details of the huge deal and shine a light on the investor's strategy for the leading shipmanager

EU must move faster on approvals for Asian shipbreaking facilitiesEuropean policies are putting pressure on the scrapping market just as demand is set to rise, writes Maritime Strategies International dry bulk analyst Will Tooth

Rates near six-figure mark for modern LNG tonnageForward fixtures could net even higher levels as demand for tonnage rises

Stolt, Golar and GasLog to team up on small-scale LNGTrio aim to use Avenir LNG to take a position in the growing LNG bunkering sector

Teekay reveals details of how it refloated grounded LNG carrier

Tiny fraction of world LNG fleet has emergency STS provisionTeekay unit says cover for operations should be made in charter agreements

Hurricane turmoil inspires seismic shift for crewing start-upOffshore logistics nightmare created by extreme weather gave experienced ship and crew manager Brattekaas the idea to found her own development vehicle

Shipping's rescue role in refugee crisis may not be sustainableMasters are carrying out their duty by plucking migrants from dangerous seas but are at risk of being at the centre of a crisis caused by the wave of populism

Kobelco seeks coal carrier newbuilds

Hyproc makes debut into the product tanker sectorHyproc enters MR tanker space with order for newbuilding at Hyundai Mipo Dockyard

Oil lower as Vienna agreement remains fleetingThe oil complex settled lower across the board Thursday as prices vacillated with the latest jockeying out of Vienna where OPEC and non-OPEC representatives have begun to discuss potential output increases

NWE fuel oil crack at near four-month high on booming Saudi demandThe 3.5% FOB Rotterdam fuel oil crack has hit a near four-month high as fuel oil exports to Saudi Arabia from Europe for air-conditioning requirements boomed over the last two months

Americas clean shipowners sit vessels on negative TCEsThe downward spiral on Americas clean tanker markets since early May has some clean tanker owners attempting to rebalance the market by sitting vessels

France's CMA CGM to acquire shipping line ContainershipsCMA CGM expects to benefit from Containerships' specialization in the intra-European market.

Northeast Asian bunker traders shrug off low fuel oil inflows to Singapore over Jun-Jul"Demand has been poor for June, so this is good news in fact," a Hong Kong trader said.

FUTURES 2: Oil dips as Iran softens stance on increasing crude outputOPEC will decide Friday on the future of its 1.8 million b/d supply cut agreement with 10 non-OPEC partners.

Singapore HSFO spreads hit 3-year highs on tightening supply"There is some tightness in supply for prompt loading cargoes. This is pushing the spreads really high," a trading source in Singapore said.